409 Second Street Webster City, IA / South Commercial Ave Eagle Grove, IA /

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1 Webster City 409 Second Street Webster City, IA / Eagle Grove 323 South Commercial Ave Eagle Grove, IA / Clarion 714 Central Ave E Clarion, IA Story City 609 Broad Street Story City, IA / Fort Dodge th Ave South Fort Dodge, IA / Humboldt th Street North Humboldt, IA Coming May 2018 Jewell 548 Main St. Jewell, IA (515) Insurance Products are: Not FDIC Insured Not Insured by any Federal Government Agency Not a Deposit Not Guaranteed by the Bank Town & Country Insurance is an equal opportunity provider. Our agency makes every effort to provide accurate, current information. Policy coverages and circumstances can change at any time, so the information contained in this newsletter may not be accurate at the time of reprinting or subsequently to that time. Town & Country Insurance does not assume and has no responsibility for liability or damage which may result from the use of any information contained in this newsletter. Vol. 10 No. 1 ~ A Newsletter for Our Crop Insurance Customers ~ Winter 2018 The staff at Town & Country Insurance would like to take this opportunity to THANK YOU for your 2017 insurance business! We greatly appreciate your business and the opportunity to work with you! Despite very little rain for most of the summer, 2017 was surprisingly a very good year for crop yields. Many areas received little to no rain for almost 6 weeks. Fortunately, cooler temps and some very timely August rains helped raise another record crop. This makes it four straight years of record crops! Unfortunately, with another record crop we have not seen a lot of upward movement on the commodity prices for corn and soybeans. Corn has traded in a tight range for the last year with prices not fluctuating more than $0.50 a bushel. Even with the high yields, some producers did have a crop insurance revenue loss especially on corn due to lower revenue. The 2017 Spring price was established at $3.96 and the Fall price was set at $3.49 for Corn. Soybeans also saw a similar decline with a $10.19 Spring price and a $9.75 Fall price. Currently, we are working on gathering crop production reports and updating yield databases, so if you have not turned in production please do so. This is also a good time to make any added land changes for We are also working very hard on proposals and new products for the 2018 crop year. As it has been the case the last couple of years margins continue to be tight and there are already concerns about protecting revenue in Multi-Peril Crop Insurance does a great job of protecting revenue. Using your crop insurance to protect input costs and to safely pre-sell grain is a very valuable farm management tool. We are very excited that there are still many new supplemental products available to help you protect revenue and yield. We have many options including 95% coverage which Farm Insurance allows growers a better opportunity to protect top end yields. We also have products that allow you the option to increase your revenue guarantee by choosing additional price discovery periods. There are also many other coverages that allow you to add more coverage and protect more bushels. Additional supplemental products continue to become available and we will keep you updated as we receive them. As noted in our supplemental products section, these products have been very successful and profitable in past years. Our agents take a lot of time analyzing these products and would be glad to sit down to help you figure out if these options are a good fit for your operation. Hail and wind events continue to cause devastating effects on crop yields. At Town & Country Insurance we are fortunate to represent many companies and are able to provide you with the best rates and coverages. Along with Wind and Hail coverages we also offer Green Snap, Extra Harvest Expense and Replant Coverages. These coverages, along with your MPCI offer you a great risk management plan. Please contact your Town & Country Insurance agent so they can customize a plan to help you protect your crops in Town & Country is pleased to have one of the largest and most experienced staff of crop insurance agents in the area. We have added more staff to meet your crop insurance needs. Insurance is our only business. We recommend products that meet your operation s needs. We represent many crop insurance carriers and products to meet the demands of the industry. Our agents are committed to providing you with the largest array of crop insurance products delivered by experienced professionals. Thank you for giving us the opportunity to provide your crop insurance protection. We look forward to working with you on your 2018 crop insurance program! Justin Davis, Crop Insurance Department Manager Town & Country Insurance is one of the largest writers of farm insurance in the State of Iowa. We have experienced farm agents at all locations in addition to a very knowledgeable staff. We also offer farm coverage from a large number of highly regarded insurance carriers: Allied/Nationwide Insurance Auto-Owners Insurance Farmers Mutual Hail P & C Division Grinnell Mutual Insurance Hastings Mutual Heartland Mutual Insurance Humboldt Mutual Insurance Iowa River Mutual Insurance Association IMT Insurance Co. North Star Mutual Insurance Pocahontas Mutual Secura Insurance Chubb/Agribusiness Are All of Your Bases Covered? Farm operations have become more diversified into the commercial business place. Are you hauling grain or chemicals for others? Are all of those filings in place? Are you applying fertilizer or manure commercially? Do you have proper pollution coverage? Are you raising livestock for others? Do you carry suffocation coverage? There are many questions to be answered, give our agents a call.

2 The Town & Country Supplemental Product Advantage Supplemental products offer the option to capture higher revenue guarantees. This can be done by increasing your commodity price guarantee, revenue/bushel guarantee, and revenue/bushel trigger levels. With many different options available you can customize a plan that is right for your farming operation. These programs have been very successful over the last years Corn added $42 additional revenue coverage for $5 per acre (Diversified Crop Insurance) 2016 Soybeans added $55 additional revenue coverage for $2.50 per acre (Diversified Crop Insurance Services) 2014 Corn added $80 additional revenue coverage for $4 per acre (International Ag Insurance Services) 2013 Corn added $65 additional revenue coverage for $10 per acre (NAU) We have reviewed several new and existing supplemental products for 2018 and are optimistic you will find these additional coverages beneficial in securing greater revenue guarantees. Please contact your Town & Country Insurance agent to help you find the product that is right for you. Supplemental Revenue or Yield Products Available for 2018 Again in 2018, many crop companies are offering a supplemental product which provides either added price coverage or increased bushel coverage. Crop company rates and coverage options are in the approval process with the state of Iowa Insurance Department. Participating companies are listed below. Contact your Town & Country Insurance agent for further information. AMTrustAG Harvest MAX( insure up to 95% of approved yield), MAXRevenue ARMtech Insurance PCI Product Cost Insurance, APCO Added Price Coverage Option, & REVCO Added Revenue Coverage Option, (buy up to a 95% trigger ) Crop Risk Services Revenue Net (adds 10 new discovery windows after sales close), County Advantage & Enterprise Plus Diversified Crop Insurance Services PCI Product Cost Insurance, PCI Select, Price Select, Revenue Select, & Yield Select Farmers Mutual Hail RAMP boosts revenue at specific risk levels within their risk Great American Insurance Group Price Flex ProAg Price-Flex, RPowerD (up to 95% coverage level and lock in current prices or additional amount on established price) NAU Country Insurance RPowerD, MPD Multiple Price Discovery & Forward Contract Ins. Policy Base Price Modifier Rain & Hail insurance Revenue Price Option, Revenue Plus, & Yield Plus Rural Community Insurance Services ARPO Added Price Option RPP Revenue Price Protection RPowerD Historical Commodity Pricing The Spring Price and Harvest Price have changed considerably over the past 10 years. Where will our prices be for 2018? How can I utilize my crop insurance to obtain the broadest coverage available to me on an individual basis? Contact your Town & Country Insurance agent and see what additional add-on supplemental products are available to increase your dollar per acre coverage for The charts below illustrate where our corn and soybean revenue prices have been from : $18.00 $8.00 $16.00 $7.00 $14.00 $6.00 $12.00 $10.00 $8.00 $6.00 Soybean Feb Avg Spring Price Soybean Oct Avg Harvest Price $5.00 $4.00 $3.00 Corn Feb Avg Spring Price Corn Oct Avg Harvest Price $4.00 $2.00 Soybeans $2.00 $1.00 Corn $ $ Soybeans Spring Corn Spring Harvest Harvest The U.S. Department of Agriculture (USDA) prohibits discrimination against its customers, employees, and applicants for employment on the bases of race, color, national origin, age, disability, sex, gender identity, religion, reprisal, and where applicable, political beliefs, marital status, familial or parental status, sexual orientation, or all or part of an individual s income is derived from any public assistance program, or protected genetic information in employment or in any program or activity conducted or funded by the Department. (Not all prohibited bases will apply to all programs and/ or employment activities.) Individuals who are deaf, hard of hearing or have speech disabilities and wish to file either an EEO or program complaint please contact USDA through the Federal Relay Service at (800) or (800) (in Spanish). Persons with disabilities, who wish to file a program complaint, please see information above on how to contact the Department by mail directly or by . If you require alternative means of communication for program information (e.g., Braille, large print, audiotape, etc.) please contact USDA s TARGET Center at (202) (voice and TDD). If you wish to file a Civil Rights program complaint of discrimination, complete the USDA Program Discrimination Complaint Form, found online at or at any USDA office, or call (866) to request the form. You may also write a letter containing all of the information requested in the form. Send your completed complaint form or letter by mail to the U.S. Department of Agriculture, Director, Office of Adjudication, 1400 Independence Avenue, S.W., Washington, D.C , by fax (202) or at program.intake@usda.gov. USDA is an equal opportunity provider and employer. 2 Town & Country Crop Insurance 2018

3 Beginning Farmer Rancher (BFR) In February 2014, the Agricultural Act of 2014 was executed. One of their areas of focus is to promote and sustain US agriculture by enticing beginning farmers and ranchers as they initiate their own operations. A Beginning Farmer and Rancher is defined as A farmer or rancher who has not actively operated and managed a farm or ranch with a bona fide insurable interest in a crop or livestock as an owner-operator, landlord, tenant, or sharecropper for more than 5 crop years, as determined by the Secretary. Benefits Include: Administrative Fee is waived for catastrophic and additional coverage policies. Premium subsidy is increased by an additional 10 percentage points for additional coverage policies that have premium subsidy. May use production history of the previous producer, if previously involved in decision making or physical activities. Yield Adjustment (YA) increase from 60% to 80% of the T-Yield. May also qualify as a New Producer on a crop/county basis. Qualifications Include: Must be an individual. Business entities may meet the requirement if all of the substantial beneficial interest holders (10 percent or more) of the business entity also qualify as beginning farmers or ranchers. Must not have actively operated and managed a farm or ranch, in any county/state, with an insurable interest in any crop or livestock for more than 5 crop years. A crop year with insurable interest may be excluded if you were under the age of 18, enrolled in post-secondary studies or on active duty in the U.S. military. Each individual (if a spousal entity, the husband and wife each) must complete a BFR application by the March 15, 2018 Sales Closing Date. Contact your Town & Country agent to discuss this further if you or someone you know might qualify for this benefit. Nov/Dec Sep/Oct Aug Jul Jun Apr/May Mar Feb Jan 2018 Timeline Review APH Review Private Products Crop Update Meeting Crop Newsletter Review MPCI & Hail Supplemental Products Spring Price is Determined MPCI Sign Up Sales Closing March 15 th Initial Planting Date Corn April 11 th Initial Plant Date Beans April 21 st Production Reporting Deadline April 30th Final Planting Date Corn May 31 st Final Planting Date Beans June 15 th Review Coverages Acreage Report Early Pay Hail Final Acreage Reporting Deadline July 16 th Schedule of Insurance Billing Statements MPCI Premiums Due September 30 th Fall Price is Determined Fall Visits Claims Production Reporting Acreage Crop Reporting Streamlining Initiative (ACRSI) ACRSI is a RMA/FSA tool to streamline insurance processes for the insured, reducing redundancy and freeing up time for clients. The latest design, ACRSI, eliminates the insured s frustration of reporting acreage information two times. Looking Ahead to Spring However, the farmer will still need to sign and certify their acres at both the FSA office and with your crop agent. Under ACRSI, the insured provides common information for acreage reports to their crop insurance How Will the Spring Price Affect the Dollar per Acre Coverage for 2018? agent or with the Farm Service Agency (FSA) office. Then, ACRSI electronically transmits the information to the other site. *Information provided by Diversified Crop Insurance Services Since 2013, the Spring Crop Prices for corn and soybeans have continued on a downward price movement. The December corn and November soybean future prices for 2018 are currently calculating higher or right at the 2017 Spring Prices. Farmer s input costs have not declined, so it will be important to secure the most coverage obtainable. The Revenue Protection (RP) Policy provides a dollar guarantee based on the Spring Price. The guarantee is the times level of coverage times the higher of the Spring Price or the Harvest Price. Electing a coverage level at 85% will provide you with the broadest coverage available on the RP coverage plan. The corn chart below illustrates the dollar acre coverage guarantee from ; Corn Example: 180 APH x 85% = 153 bushel guarantee Crop Year x Spring Price Dollar Acre Guarantee x $4.00 Est. Spring Price = $ x $3.96 = $ x $3.86 = $ X $4.15 = $ X $4.62 = $ x $5.65 = $864 The federal crop policy is still subsidized by the federal government. The 85% level is subsidized at 38% and the 80% level the subsidy is 48%. If you are not already insuring your crop at the 80% or 85% level, this might be something you will want to consider doing initially for 2018 prior to purchasing any add on private product. AmTrustAg ARMtech Crop Risk Services Diversified Crop Insurance Services We have a large number of crop insurance carriers available to serve your crop insurance needs: Farmers Mutual Hail Insurance Co. Great American Insurance Group Grinnell Mutual Crop Hail NAU Country Insurance Pro Ag Rain & Hail Insurance Rural Community Insurance Services Town & Country Crop Insurance

4 RP, RPHPE and YP Corn Coverage/Loss Payment Comparisons Each year our Harvest Price is determined by the October monthly average of CBOT December corn futures. In early November, the revenue Harvest Price is announced by the RMA, we can then take that price to determine if we are in a loss situation. Below are six (6) different claim payment examples using both high and low bushel yields when the Spring Price is higher than the Harvest Price and also when the Harvest Price is higher than the Spring Price. Harvest Price is Higher than Spring Price & Low Bushel Yield Spring Price (established in Mar.) $4.00 Harvest Price (established in Nov.) $ bushels/acre RP - Revenue Protection Revenue Guarantee 153 x $5.00 $765 / acre Value of Production 100 x $5.00 $500 / acre Loss Payment $765 - $500 $265 / acre RP HPE - Revenue Protection Harvest Price Exclusion* Value of Production 100 x $5.00 $500 / acre Loss Payment $612 - $600 $12 / acre *RP HPE revenue guarantee is based on the Spring Price only. Increased protection is not available if the Harvest Price is higher than the Spring Price. Spring Price is Higher than Harvest Price & Low Bushel Yield Harvest Price (established in November) $ bushels/acre RP - Revenue Protection Value of Production 100 x $3.50 $350 / acre Loss Payment $612 - $350 $262 / acre RP HPE - Revenue Protection Harvest Price Exclusion Value of Production 100 x $3.50 $350 / acre Loss Payment $612 - $350 $262 / acre *When the Spring Price is Higher than the Harvest Price, the indemnity is the same for RP and RP HPE. YP - Yield Protection - Low Bushel Yield Harvest Price (established in March) $ bushels/acre Yield Guarantee 153 x $4.00 $612 / acre Value of Production 100 x $4.00 $400 / acre Loss Payment $612 - $400 $212 / acre Harvest Price is Higher than Spring Price & High Bushel Yield Harvest Price (established in Nov.) $ bushels/acre RP - Revenue Protection Revenue Guarantee 153 x $5.00 $765 / acre Value of Production 195 x $5.00 $975 / acre* Loss Payment $612-$765 $0 / acre RP HPE - Revenue Protection Harvest Price Exclusion Value of Production 195 x $5.00 $975 / acre* Loss Payment $612 - $975 $0 / acre *In this example, the Value of Production exceeded the Revenue Guarantee, thus, there is no indemnity. Spring Price is Higher than Harvest Price & High Bushel Yield Harvest Price (established in November) $ bushels/acre RP - Revenue Protection Value of Production 195 x $3.50 $683 / acre* Loss Payment $612 - $683 $0 / acre RP HPE - Revenue Protection Harvest Price Exclusion Value of Production 195 x $3.50 $683 / acre* Loss Payment $612 - $683 $0 / acre *In this example, the Value of Production exceeded the Revenue Guarantee, thus, there is no indemnity. YP - Yield Protection - High Bushel Yield Harvest Price (established in March) $ bushels/acre Yield Guarantee 153 x $4.00 $612 / acre Value of Production 195 x $4.00 $780 / acre* Loss Payment $612 - $780 $0 /acre *In this example, the Value of Production exceeded the Yield Guarantee, thus, there is no indemnity. 4 Town & Country Crop Insurance 2018

5 Prevented Planting Documentation The Risk Management Agency (RMA) directs that the farmer must now provide verifiable records showing a cause of loss (i.e. above normal precipitation) occurring within the insurance period that prevented planting of their acreage. The Approved Insurance Provider (AIP) determines on a case by case basis, acreage that is eligible for prevented plant coverage. The AIP must inspect, review, and verify the documentation provided by the farmer that supports the prevented planting determination using generally available evidence, such as weather records (i.e. PRISM) and planting history, in accordance with FCIC policy and procedure, including Final Agency Determinations and Special Provisions. The Risk Management Agency (RMA) has removed the Prevented Planting +10 Percent Option (PT) for the 2018 and succeeding crop years for all crops, the +5 Percent Option is still available. Prevented Plant in 2018 for corn is 55% of your guaranteed revenue. Coverage can be increased by 5% to 60%. The cost is minimal and is set in the county actuarial. For example, in Hamilton County, to increase to 60% for corn, the cost is an additional 1%. Prevented Plant coverage in 2018 for soybeans is 60% of your guaranteed revenue. Coverage can be increased by 5% to 65%. The cost is minimal and is set in the county actuarial. For example, in Hamilton County, to increase to 65% for beans, the cost is an additional 1%. Prevented Plant Rules for Added Land in a New County Please note, if a farmer picks up ground in a new county, in order to determine your eligible acres for Prevented Plant coverage, an Intended Acreage Report stating your crop intended acres needs to be completed by the Sales Closing Date, March 15, New Ground - Added Land, CRP, New Break Added Land, for crop insurance purposes, is cropland acreage (regardless of crops) added to your farming operation within the county for the current crop year. Added land does not include acreage that you have previously farmed in which you had a shared interest in and are farming again. Special cropland acreage limitations apply to the number of cropland acres being added in a county for the current crop year. Added Land Under 2000 Acres: If you are adding under 2000 acres of newly rented or purchased land in a county, you will receive the higher of your Simple Average (SA) T- Yield or the Variable T-Yield (i.e. county T-Yield) for that new ground. The Simple Average T-yield is the average of the yields that you presently have on your crops within that county. Alternatively, the Variable T-yield is a yield average that is assigned by the USDA to new farms in the county when a Simple Average Yield is not available. Added Land 2000 Acres or More: If you are adding 2000 acres or more in a county, the variable T-yield will be used. A USDA Review cannot be requested. If you have acreage that you previously farmed and are now farming again, we will need your yield history for the prior years that you farmed the ground. CRP Ground or Newly Broken Out Ground: Special guidelines apply to any ground coming out of CRP or ground that is newly broken out (cleared trees or buildings from a site). Newly broken out ground does have an acreage limitation if the acres exceed 320 acres. Please notify your agent immediately if you will be adding any new ground to your farming operation. This ground will need to be added to your Federal Crop Insurance policy, your Crop Hail policy, and your Farmers Comprehensive Personal Liability policy Crop Hail Coverage Crop Hail is a separate or private product that is available in addition to your Federal Crop Insurance coverage. One might ask, who needs to buy Crop Hail and why? Any farmer can choose to purchase additional hail and fire coverage for their planted crop acres. A farmer who elects an Enterprise Unit or a Group Plan (ARP or AYP) should purchase a separate hail policy to provide themselves some individual protection on their crop field/unit basis. Most of our clients purchase Crop Hail coverage from the same insurance company that provides their Federal Crop Insurance. One of the primary reasons for doing so is that the crop insurance company will guarantee that your hail insurance coverage will be in place year after year so you do not risk having an early season hail loss prior to you purchasing separate hail insurance for the year. A full Crop Hail application is not needed each year as the crop acres that are reported for the Federal Crop Insurance are also used for the hail insurance policy. If you are not presently obtaining your Crop Hail insurance from the same carrier as your Federal Crop Insurance, it might be something to consider for the 2018 season. All Crop Hail policies are not created equal so be sure to understand the specifics of any Crop Hail policy that you purchase. The following is a listing of important Crop Hail policy features that vary from company to company. Replant Field Grain Fire Production Plan Hail/Wind Companion Plan Hail/Wind Standard Hail/Wind Green Snap/Wind Coverage Extra-Harvest Expense Town & Country Crop Insurance

6 County Yield Information for 2018 The Trend Adjustment Factor is an estimated factor provided in the county actuarial documents. The factor is equal to the estimated annual increase in yield, and is based on county average yields determined by NASS. The T-Yield is an estimated yield provided in the county actuarial documents which are used in calculating average/ approved APH yields when less than four years of actual/ assigned yields are available on a crop contract basis. If a farmer picks up ground in a new county that he has not farmed in before, the farmer can use this county T-Yield to set up his APH database for this new ground. The Expected County Yield is an estimated yield provided in the county actuarial documents which is used in calculating the coverage and bushel and revenue triggers for the AYP and ARP group plans. Crop Crossword The following chart is a sample of some Iowa counties: 2018 Crop Yield Information County Corn Corn Corn Soybean Soybean Soybean All T-Yld Trend Expected All Other Trend Other (AO) Adjustment Co. Yld (AO) T-Yld Adjustment Expected Co. Yld Boone Calhoun Cerro Gordo Dallas AAA 137 N/A N/A N/A N/A N/A Franklin AAA 136 N/A N/A N/A N/A N/A Hamilton Hancock Hardin Humboldt Kossuth Marshall AAA 138 N/A N/A 43 N/A N/A Pocahontas Polk AAA 145 N/A N/A N/A N/A N/A BBB 117 N/A N/A N/A N/A N/A Sac Story AAA 146 N/A N/A N/A N/A N/A Webster Worth Wright JUMBLE Play To Win Submit your Jumble answer to be entered into a drawing to win a prize. Please include your name and number with your answer. Text/ to svanfleet@tcins.com or call Town & Country Crop Insurance 2018

7 Enterprise Unit vs. Optional Unit 2018 Cover Crops The Iowa Department of Agriculture and the Land Stewardship s (IDALS) have developed a 3 year demonstration project with RMA to offer an additional subsidy to Iowa farmers for the use of cover crops. There will be an additional $5 per acre subsidy on acreages with both a cover crop and an RMA insured crop for 2018; share % may affect this. Program Guidelines: May not already be participating in State/Federal program incentives Limited to 200,000 acres, but may be expanded Must follow the NRCS Cover Crop Termination Guidelines Must plant approved cover crops and plant an insured Spring crop in 2018 Sign-up at before 5:00 pm January 15, 2018 For more details, please contact your local Town & Country Insurance Agent. Whole Farm Revenue Protection Whole Farm Revenue Protection (WFRP) provides coverage against the loss of the revenue you expect to earn or receive from commodities you produce or purchase. This program is based on your revenue rather than your yield. WFRP covers multiple commodities including; specialty or organic crops, livestock and those marketing to specialty or direct markets. To learn more about Whole Farm Revenue Protection, contact your Town & Country Insurance Agent. An enterprise unit is defined as all insurable acreage of the insured crop in the county in which you have a share. Here are the qualifications: An enterprise unit must contain all of the insurable acreage of the same insured crop in: Two or more sections, section equivalents or FSA farm numbers, if optional units are available by sections, section equivalents or FSA farm numbers; Any combination of two or more sections, section equivalents or FSA farm numbers, if more than one of these is the basis for optional units; One section, section equivalent or FSA farm number that contains at least 660 planted acres, based on the type of parcel that is utilized to establish optional units,* or Two or more units as established by a written agreement or unit division option. 20 acres/20% requirement - At least two of the sections, section equivalents, FSA farm numbers, or units established by a written agreement must each have planted acreage that constitutes at least the lesser of 20 acres or 20% on the insured crop acreage in the enterprise unit. Farmers can aggregate two or more sections, section equivalents, or FSA farm numbers to form at least two parcels to meet this requirement. *The 20 acres/20% requirement does not apply to this qualification Advantages: Farmers who insure their crops using the enterprise unit structure receive an additional premium subsidy over farmers who insured their crops on a basic or optional unit structure. Refer to the chart below: Premium savings over a period of years can be significant with the enterprise unit option elected. Premium saved by electing EU allows you to invest the savings in an add-on price protection policy. Farmers can choose which crop (corn or beans) and which county to elect the EU option. For example, they could choose EU on corn and OU on beans. The coverage guarantee for each line (using the underlying unit structure) is calculated individually based on its own proven history, also known as approved yield. The Replant and Prevented Plant qualifier is the lesser of 20 acres or 20% of a unit. Therefore, if you farm 100+ acres of corn, the qualifier is 20 acres for the entire crop. Disadvantages: An enterprise unit consists of all the acres of an insured crop in the county, regardless of share or ownership. Farmers are still recommended to report production based on the underlying unit structure, i.e., basic or optional units. Production is not reported in one lump sum. Separate records of acreage and production from basic units/optional units must be maintained to change unit structure from enterprise unit to basic units or options units in any subsequent crop year. An individual loss to one field will not be paid when the production for the entire crop acreage exceeds the crop s revenue guarantee. Each underlying unit structure s production stands on its own and is then averaged with the entire acreage/production of the enterprise unit. Thus, if your acreage in a given county is spread out and/or the field yields vary considerably, you may not want to insure on an enterprise unit basis. If you insure organic crops, the organic crop is considered part of the enterprise unit. Due to the higher pricing of organic crops, you may want to consider not electing enterprise units since all underlying units are averaged out at claim time. Please contact your Town & Country agent for an optional versus enterprise comparison quote and to further discuss the advantages and disadvantages of selecting the EU option for Town & Country Crop Insurance

8 409 Second Street Webster City, IA PRSRT STD U.S.POSTAGE PAID STORY CITY, IA PERMIT NO. 5 Address Service Requested Our Crop Insurance Specialists Webster City Important 2018 Crop Insurance Deadlines March 15 Last day to apply for or make changes to your 2018 Federal Crop Insurance Coverage Doug Follmann dfollmann@tcins.com Scott Oswald soswald@tcins.com Tim Anderson tanderson@tcins.com Justin Malloy jmalloy@tcins.com April 11 Earliest planting date for corn to maintain replanting coverage April 21 April 30 Earliest planting date for soybeans to maintain replanting coverage Final production reporting date Colleen Shannon cshannon@tcins.com Jessica Furman jfurman@tcins.com Eagle Grove Starr Banwell sbanwell@tcins.com May 31 Final planting date for corn June 15 July 16 Final planting date for soybeans Final acreage reporting date Justin Davis jdavis@tcins.com Clay Hansen chansen@tcins.com Doug Martin dmartin@tcins.com Samantha VanFleet svanfleet@tcins.com Eagle Grove Humboldt Jewell August 15 MPCI billing date September 30 Premium due date Derek Toomsen dtoomsen@tcins.com Clarion Chrissy Anderson canderson@tcins.com Jeff Goodell jgoodell@tcins.com Story City Travis Moore tmoore@tcins.com Staci Schnittjer sschnittjer@tcins.com Donna Studer dstuder@tcins.com Bill Sjulin bsjulin@tcins.com Jocee Lowe jlowe@tcins.com